Oil slides nearly 5% as US-Iran deal paves way for Hormuz reopening | The National
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Source: The National (UAE)
Published: 2026-06-15 15:58 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Energy, World News, Business & Economy, War & Conflict
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Snippet:
Oil prices sank after the US and Iran agreed to an interim deal to end their months-long war, clearing the way for the Strait of Hormuz to reopen and for the easing of the supply crunch that has gripped global energy markets since February.
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